QUESTION: 69

ERP systems:

Having large scope allows the tracking of orders and other important planning and control information throughout the entire company from procurement to ultimate customer delivery
Capable of allowing managers to share data between firms
Both of these
None of these

Answer(s): C

QUESTION: 70

At the production planning level, where little detail is needed, this requires identifying product groups or families of individual product groups or families of individual products based on:

Similarity of manufacturing process
Difference in manufacturing processes of different product lines
Similarities of processes in manufacturing of same product line items
None of these

Answer(s): A

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Over the time span of the production plan, large changes in capacity are usually not possible. Additions or subtractions in plant and equipment are impossible or very difficult to accomplish in this period. However, some changes can be done. Which of the following are out of those variations?

People can be hired and laid off, overtime and short-time can be worked, and shifts can be added or removed.
Inventory can be built up in slack periods and sold or used in periods of high demand.
Work can be subcontracted or extra equipment leased
All of these

Answer(s): D

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QUESTION: 72

Production planning problem typically has the following characteristics EXCEPT:

A time horizon of 12 months is used, with periodic updating perhaps every month or quarter
Production demand consists of one or a few product families or common units
Demand is rarely fluctuating
Plant and equipment are fixed within the time horizon

Answer(s): C

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QUESTION: 69

QUESTION: 70

QUESTION: 71

QUESTION: 72